The Dental consumables market worldwide was valued at $38,921 million in 2016 and recent reports suggest that this valuation will continue its current upward trajectory and reach $55,584 million by 2023 at a CAGR of 5.2 percent between 2017 and 2023. The dental consumables market includes products such as implants, prosthetics, braces etc.
There has been a global rise in dental discomforts and conditions in recent years which have been a significant driving factor for the growth of the dental consumables market. There is also now, an increased level of awareness towards oral hygiene on a global scale. These factors coupled with growth in dental tourism, and support from government to promote awareness about dental disorders in the emerging economies supplement the market growth.
The untapped markets of many African nations will also play a key role in the growth of the market with the new demand for cosmetic procedures in these regions expected to provide some lucrative opportunities for market players.
The global dental consumables market is segmented into seven distinct sections. Those being dental implants, dental prosthetics, endodontics, orthodontics, periodontics, retail dental care essentials, and other dental consumables.
Geographically, the market was analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The dental implants & prosthetics market is further segmented on the basis of material into metals, polymers, ceramics, and biomaterials.